Thứ Năm, 25 tháng 8, 2011

More Fort Worth Abatements

Fracing abatement's at that.

Back in the day, they called that "giving away the farm".

Read about it in the Fort Worth Star-Telegram.

Some of the other abatement's didn't meet their projections.  HOW are these companies going to be different?  Shouldn't the public (those paying for the abatement) make the call?

For the 10-year, 65 percent abatement, Frac Tech would invest $61.4 million and create 200 jobs by 2013 and 450 by December 2021.

The estimated total public investment would be $3.1 million.

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